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Sponsor portfolio

PROGRESS SOFTWARE CORPORATION

EIN 04-2746201-computer software-Latest filing 2024
Plans
2
Retirement
1
$405.5M assets
Welfare
1
$1.3M premiums
Participants
3,002
15 WAYSIDE ROAD, 4TH FLOOR, SUITE 400 - BURLINGTON, MA 01803781-280-4029progress.comLinkedIn1001-5000 employeescomputer software
Plans on this EIN
2 filings
#002401k-$405.5M - 1,994 part#501Mixed-$1.3M - 973 lives

Benefits portfolio analytics

1 plan / $1.3M premiums / 973 covered lives

Coverage by line

Premium dollars by benefit type (bundled lines overlap)

  • Other$1.2M
  • Life$939K
  • Long-term disability$939K
  • Vision$137K
Total $1.3M4 rows

Carrier market share

Premium dollars by Schedule A carrier

Multi-vendor
73%top
  • RELIANCE STANDARD LIFE INSURANCE COMPANY73%
  • METROPOLITAN LIFE INSURANCE COMPANY14%
  • VISION SERVICE PLAN11%
  • KGA3%
Total $1.3M4 slices

Broker market share

Schedule A broker compensation

Split broker
131%top
  • LOCKTON COMPANIES, LLC131%
  • MERCER HEALTH AND BENEFITS, LLC-31%
Total $77K2 slices

Plan deep-dives

Per-plan teasers. The full analytics (fees vs peers, audit grade, trajectory, counterparties) live on each plan detail page.
Retirement#002

PROGRESS SOFTWARE CORPORATION 401(K) PLAN

401k

Assets$405.5M
Participants1,994
Inside the deep dive
Fees vs peersAudit gradeAsset trajectoryContributionsSch C providers
Open plan deep dive
Welfare#501

PROGRESS SOFTWARE GROUP INSURANCE PLAN

Mixed - RELIANCE STANDARD LIFE INSURANCE COMPANY

Premiums$1.3M
Covered lives973
Inside the deep dive
Premium breakdownCarriersBrokersCoverage stats
Open plan deep dive

Retirement plans1

Plan #NameTypeAssetsParticipantsLatest year
002PROGRESS SOFTWARE CORPORATION 401(K) PLAN401k$405.5M1,9942024

Welfare plans1

Plan #NameFundingCarrierPremiumsCoveredLatest year
501PROGRESS SOFTWARE GROUP INSURANCE PLANMixedRELIANCE STANDARD LIFE INSURANCE COMPANY$1.3M9732024
Retirement plans
Welfare plans
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